TT-Media

Credit, payments & interest

9 stories this month · 0 following

Events calendar My topics & digest

Important only

Inc42 — Startup and funding newsTrade press3 h ago

Credit, payments & interest Exports, imports & dutiesImportant

E-commerce festive season squeezes seller margins with higher fees, penalties

Amazon and Flipkart have revised cancellation penalties and logistics fees ahead of the festive season, impacting seller margins. Flipkart charges flat fees for delays and cancellations, while Amazon links penalties to order value. Rising logistics costs add to the burden.

Why it matters

Textile and apparel sellers on e-commerce platforms should factor in higher cancellation fees and logistics costs when planning festive season inventory and pricing.

Read story

Inc42 — Startup and funding newsTrade press3 h ago

Credit, payments & interest Deals, funding & partnershipsImportant

SoftBank sells 1.2% stake in Ola Electric amid rights issue

SoftBank has sold 1.2% of its stake in Ola Electric, reducing its holding to 11.7%. It also sold 25.9% of its rights entitlements in Ola Electric’s ₹1,000 crore rights issue.

Why it matters

Watch Ola Electric’s financial health; textile MSMEs should monitor EV sector trends for supply chain opportunities.

Read story

Inc42 — Startup and funding newsTrade press14 h ago

Credit, payments & interest Global marketsImportant

E-commerce platforms hike fees, penalties ahead of festive season

Amazon and Flipkart have increased penalties for late dispatches and cancellations, along with new fees on every order. Delhivery has also added a surcharge for D2C brands. These changes impact sellers, especially those handling low-value orders, amid rising production and fulfilment costs.

Why it matters

Textile and apparel sellers on e-commerce platforms should review their dispatch timelines and cost structures to avoid penalties.

Read story

Inc42 — Startup and funding newsTrade press14 h ago

Credit, payments & interestImportant

Paytm Q2 profit jumps 10.7x to ₹225 crore, revenue up 28%

Paytm reported a ₹225 crore net profit in Q2 FY27, a 10.7x increase YoY, with operating revenue rising 28% to ₹2,648 crore. Total expenses grew 23% YoY to ₹2,531 crore.

Why it matters

Textile MSMEs using Paytm for payments should note improved fintech liquidity and potential new credit products.

Read story

Inc42 — Startup and funding newsTrade press14 h ago

Credit, payments & interest Textile policy & schemesImportant

IRDAI extends feedback deadline for insurance distribution reforms

IRDAI has extended the deadline for feedback on proposed insurance distribution reforms to October 31 after receiving over 650 comments. The reforms aim to cap commissions and lower expense limits but face opposition from brokers.

Why it matters

Textile MSMEs should monitor IRDAI’s final norms, as tighter credit insurance rules may affect trade finance costs.

Read story

Inc42 — Startup and funding newsTrade press2 days ago

Credit, payments & interest Deals, funding & partnershipsImportant

axiTrust raises $5 mn to digitise surety bonds for MSMEs

Fintech startup axiTrust is raising $5 mn in Series A funding led by Argor.vc to build digital surety bonds. The startup aims to replace traditional bank guarantees, freeing up ₹15 lakh crore of MSME working capital locked as collateral.

Why it matters

Textile MSMEs should watch for digital surety bonds as an alternative to bank guarantees to improve cash flow.

Read story